UK exits ‘outdated’ international energy treaty after talks break down February 22, 2024 Energy Secretary Claire Coutinho said staying within the treaty could "jeopardise" the UK's clean energy sector
‘Philanthropy powers progress’: Cancer Research UK urges business to play part in tackling global killer February 22, 2024 A coalition of scientists including three Nobel Prize winners teamed up with Cancer Research UK urging leading business figures to back their campaign for a cure.
Direct investment platforms: Sales drop off as new competitor surges into the field February 22, 2024 Sales on direct investment platforms trended downwards last year but still remained strong, as a new competitor to the market has surged into the field. Total direct market assets totalled £320bn last year, with £10.7bn of net new money coming in, data from Fundscape revealed. The £10.7bn in net flows was down 12.2 per cent [...]
Over 60 MPs call for Sir Lindsay Hoyle to quit as Speaker over Gaza vote February 22, 2024 Over 60 MPs have called for Sir Lindsay Hoyle to resign as Speaker of the House of Commons following a row over votes on an Israel-Gaza ceasefire.
The Power of Capitalism: China’s growth is a case study in market forces February 22, 2024 Dr Rainer Zitelmann is a German historian, sociologist and author. His latest book is The Power of Capitalism. In our exclusive series, Zitelmann reveals a compelling body of evidence that capitalism and market economies have lifted billions out of poverty. Today he writes on China. For millennia, China suffered famine after famine. As recently as [...]
Gilts opened up to retail investors as Treasury seeks new sources of demand February 22, 2024 The changes will allow retail investors to participate in the auctions for the first time, meaning investors can benefit from the slightly discounted prices attached to new bonds.
How can Ofwat regulate ‘failing’ firms like Thames Water without pushing them into bankruptcy? February 22, 2024 The Environment, Food and Rural Affairs Committee expressed significant concerns over Ofwat's role in regulating the water industry
Addison Lee settles workers’ rights case before landmark hearing February 22, 2024 The private hire taxi firm Addison Lee has reached a settlement with three drivers who were set to take them to the employment tribunal in a long-running battle over workers’ rights. The claim was originally brought by three drivers who sued Addison Lee to establish that they were in fact employees and not self-employed contractors. [...]
Coca-Cola HBC buys vending machine firm BDS to grow in Ireland February 22, 2024 Coca-Cola HBC, the European bottling partner of Coca-Cola, has acquired Irish vending machine group BDS Vending Solutions. Founded in 1993, BDS Vending has around 2,000 vending machines spread across Ireland. The firm is headquartered in Dublin, but also has operational centres across Belfast, Cork, Galway, Limerick, Sligo and Wexford. BDS founders David Mullan and Brian Berry have [...]
Lombard Odier called in to build £5bn ESG fund for UK pension savers February 22, 2024 One of the UK’s biggest pension schemes has called in Lombard Odier to build a £5bn ESG fund to pump into companies tackling climate and social issues.